Acquiring Company
Intersnack Group
Acquired Company
Utz Brands
Germany
HanoverFood and BeverageHospitalityFood ProcessingOtherFood and BeverageAgriculture and FarmingFood And BeverageHospitalityRetailFood ProcessingDescription
Intersnack Group has acquired Utz Brands for $2.9 billion. This acquisition is part of a growing trend among European food companies expanding their presence in North America. Intersnack aims to enhance its portfolio and market reach through this strategic purchase.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Utz Brands?
Utz Brands was acquired by Intersnack Group, based in Germany. The deal was reported on August 19, 2026. Intersnack Group is one of Europe's leading snack manufacturers, specializing in various snack foods. The company aims to expand its presence in the U.S. packaged food market through strategic acquisitions. Intersnack Group is privately held and operates in Food and Beverage.
When did Intersnack Group acquire Utz Brands?
Intersnack Group's acquisition of Utz Brands was reported on August 19, 2026. Intersnack Group has acquired Utz Brands for $2.9 billion. This acquisition is part of a growing trend among European food companies expanding their presence in North America. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Utz Brands do?
Utz Brands, Inc. (NYSE: UTZ) manufactures a diverse portfolio of savory snacks through popular brands including Utz®, ON THE BORDER® Chips & Dips, Golden Flake®, Zapp’s®, Good Health®, Boulder Canyon®, Hawaiian® Brand, and TORTIYAHS!®, among others. It is publicly traded (UTZ), operating in Other, and is based in Hanover.
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